Welcome to our dedicated page for Waste Management SEC filings (Ticker: WM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Waste Management, Inc. filings document the regulatory record for an NYSE-listed environmental services company with common stock trading under WM. The company’s Form 8-K reports cover operating results, financial condition, non-GAAP reconciliations, material agreements, credit-agreement covenant calculations, executive compensation arrangements and employee-benefit plan notices.
Proxy materials disclose annual meeting proposals, board elections, auditor ratification, advisory executive-compensation votes and employee stock purchase plan share authorization matters. The filing record also documents governance practices, capital-structure terms, shareholder voting mechanics, debt and liquidity arrangements, and the formal exhibits associated with WM’s quarterly and annual earnings communications.
Waste Management, Inc. filed an 8-K reporting a material event that states all unvested RSUs are forfeited. The filing includes corporate contact details and lists Charles C. Boettcher, Executive Vice President and Chief Legal Officer. The submission does not disclose who is affected, the number or value of forfeited awards, the reason for forfeiture, or any financial impact. Because key details such as recipients, amounts, and timing are not provided, the filing is limited in scope and does not allow a full assessment of investor impact.
Waste Management, Inc. reported that its Executive Vice President and Chief Financial Officer, Devina A. Rankin, has decided to resign from her CFO role effective November 1, 2025, or immediately after the filing of the company’s Form 10-Q for the quarter ended September 30, 2025. She is expected to remain with the company as an executive advisor through March 2026 to support a smooth transition.
The board has elected David L. Reed, currently Vice President and Business Partner for the West Tier operations and formerly Vice President and Treasurer, to become Executive Vice President and Chief Financial Officer as of the effective date, succeeding Ms. Rankin as principal financial officer. Following that date, Mr. Reed’s annual base salary will be set at $700,000 and his target annual cash incentive will equal 100% of base salary.
In addition, Mr. Reed will receive a restricted stock unit award valued at $565,000 under the 2023 Stock Incentive Plan, to be granted on November 3, 2025, with vesting over three years and standard provisions for dividends, death, disability, termination, and change in control.
Q2 2025 performance (vs. Q2 2024):
- Revenue $6.43 B, +19%
- Operating income $1.15 B, +14%
- Net income attributable to WM $726 M, +7%; diluted EPS $1.80, +6%
Six-month 2025: Revenue $12.45 B (+18%), net income $1.36 B (-2%), EPS $3.37 (-2%). Operating cash flow climbed 9% to $2.75 B while capex rose 17% to $1.56 B, holding free cash flow roughly flat at ≈$1.2 B.
Balance sheet 6/30/25: Assets $45.7 B (+3% YTD); equity $9.2 B (+11%). Gross debt $24.0 B (up ~$0.1 B); cash $440 M. WM has $1.8 B undrawn on its $3.5 B revolver and refinanced $483 M of Stericycle notes.
The November 2024 Stericycle acquisition created the WM Healthcare Solutions segment, broadening service mix and driving top-line growth. Renewable-energy and low-income-housing investments generated $89 M YTD in tax credits, lowering the effective tax rate to 20.5%.
Interest expense jumped 71% YoY to $232 M, and six-month earnings were pressured by higher depreciation, SG&A and integration costs. Landfill & environmental liabilities remain stable at $3.3 B.